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20130201
Search Results 0 to 11 of about 12 (some duplicates have been removed)
the debt, they would have been eager to let all the bush tax cuts expire. the cbo has shown that if we did that, debt as a share of the economy would fall to half in the next ten years. and if we were to leave the bush cuts in place, it would double. so, no, they're not serious about cutting deficits. they're serious about continuing to pose as the party of tax cuts for the rich. >> and i want to point out that just about an hour after we got the report on the gdp, senate minority leader mitch mcconnell gave this warning about government spending. here it is. >> this, my colleagues, is the europeanization of america. this is the pathway to greece. >> really? your thoughts on that. >> well, there is one way that we are on a pathway to greece. in greece they do not have an effective tax system, and people cheat left and right. we are starving the irs. i've been talking to people inside the irs whose units have been cut 30, 40, 50% in personnel, and they're not auditing, and they're not going after the tough cases that will mean the less money for the government and the less money for all gov
. >> so far would allow illegal immigrants to pass a criminal background check, pay a fine and back taxes and learn english. the proposal calls for u.s. borders. >> surveillance capability and detection. no doubt, that if we put the right resources into it, we will be able to have a secure border. >> now the senators -- >>> a guilty verdict in the case against the anne arundel county executive. making his police detail run. accused of making a staffer from recovering from back surgery. >>> two maryland state delegates want the speed limit raised. >>> up to 70. the maryland transportation authority is considering a bump to 60 miles an hour. >>> all right, now andrea roane is live in new orleans for our blitz and glitz coverage. it's all about super bowl xlvii. hi, andrea. >> hi, derek, how are you? we are here behind the bar at the red fish grill. i have a cold bartender here. you'll hear from him later on. but we want to tell you, media day, if you've never been, it's a zoo. i've been there. kristin fisher was there today. the players have to go. they don't like it because we ask the s
, it was down in january because folks took a hit with that payroll tax cut expiring and social security taxes. >> i wonder, the banks have these strict guidelines now. much stricter than before because of the huge banking debacle. so i wonder are they lending money to folks who want to buy a home. that's going to be an issue. >> that always helps spur things on. the bank loosens its grip on the green. and the federal reserve expected to release a statement that could have an impact on the markets in terms of their latest economic outlook. so stay tuned for that. >>> oil giant bp and the justice department have agreed to a record settlement in connection with the 2010 gulf oil disaster. in addition to paying $4 billion in penalties, the company agreed to plead guilty to manslaughter for the deaths of 11 workers on the deep water horizon rig. bp could pay billions more in environmental damage. >>> another financial headline for you. there could be a big change coming to youtube. a paid subscription service. users would pay to access programs on youtube channel. the fees are said to be somewhere
because corporate profits are up, costs are down, the fiscal cliff agreement has locked in low taxes for most of the upper-middle class and wealthy, and there's no sign of inflation as far as the eye can see. but corporate profits can't stay high when american consumers whose spending is 70% of the u.s. economy are this pessimistic about the future. they're just not going to spend. american companies won't be able to make up the difference in forward markets. europe is careening into a recession. japan is still in deep trouble. china's growth has slowed. profits are the highest share of the u.s. economy on record. wages are the lowest. but this imbalance can't and won't last. >> can't and won't. and look what's happening on wall street. they're doing better, willie, than ever before. >> mm-hmm. >> ever before. for the past four years, wall street has exploded over the past four years. real income has dropped for middle-class americans. the poverty rate's gone up. one in four americans are on food stamps. you talk about two americas. john edwards is right. >> incomes. >> over the past
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Search Results 0 to 11 of about 12 (some duplicates have been removed)

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